Micruity logo — Building the financial infrastructure for a more secure reti...

Micruity

Building the financial infrastructure for a more secure retirement

Founded 2017 Canada Toronto, Canada 33 employees Venture round Total: $10.10M Financial Services, Fintech +2

General Information

Company Name Micruity
Founded Year 2017
Location Canada Toronto, Canada
Employees 33
Industries Financial Services, Fintech, Insurance +1
Funding Stage Venture round
Social

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About Micruity

Micruity, with the slogan "Building the financial infrastructure for a more secure retirement," is a Canadian startup founded in 2017. The company aims to revolutionize retirement savings planning and ensure a secure retirement for all. Micruity's Advanced Routing System (MARS™) serves as the backbone, facilitating seamless data exchange among insurers, record keepers, asset managers, and plan sponsors through a secure platform. The recent $5.10M Seed Round investment on 10th February 2022 from a notable group of investors including SixThirty, Alpine Meridian Ventures, Franklin Templeton, Great North Ventures, Pacific Life, Western & Southern Financial Group, Altari Ventures, and Allianz Life Insurance underscores the industry's confidence in Micruity's vision. The startup operates in the Financial Services, Fintech, Insurance, and Insurtech sectors. For more information, interested parties can reach out to the company at [email protected]. Micruity's commitment to transforming retirement savings plans into retirement income aligns with the growing importance of financial security in the aging population, making it an intriguing prospect for potential investors.

Taxonomy: Retirement, Annuity, Pension, Insurtech, Financial Infrastructure, Data Collection, Data Transfer, Plan Administration, Guaranteed Income, Record Keeping, Secure Platform, Annuity Buying

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $5.00M 5
State Street Global Advisors, Pacific Life +3
25 Jun 2024
Seed Round $5.10M 8
SixThirty, Alpine Meridian Ventures +6
10 Feb 2022
Non Equity Assistance Undisclosed 1
MassChallenge
17 Dec 2021
Seed Round Undisclosed 1
Gowri Narayanan
01 Oct 2021
Seed Round Undisclosed 2
Global Insurance Accelerator, SixThirty
01 Jan 2019
Non Equity Assistance Undisclosed 1
EvoNexus
01 May 2017

Micruity Alternatives & Competitors

View All Alternatives
Micruity vs
Pensio Inc.
Pensio Inc. United States

Retirement, simplified.

Non Equity Assistance
1 employees
Financial Services, Fintech
Micruity vs

We help pension providers attract more assets per policyholder by giving their customers a hassle-fr...

Seed
2 employees
Finance, Financial Services
Micruity vs
Just SA
Just SA South Africa

Your retirement income specialist

54 employees
Finance, Financial Services

FAQ About Micruity

Building the financial infrastructure for a more secure retirement
Micruity was founded in 2017.
Micruity is headquartered in Toronto, Canada.
Micruity operates in Financial Services, Fintech, Insurance and Insurtech. Its work centres on Retirement, Annuity, Pension and Insurtech.
Micruity has approximately 33 employees.
Micruity has completed 6 funding rounds, raising a total of $10.10M. The latest funding stage is Venture round.
Top alternatives and competitors to Micruity include Pensio Inc., MyFutureNow, Just SA, RetireOne, Circit. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Micruity and Pensio Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Micruity, https://bouncewatch.com/company/micruity, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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